Block Island Health Services Inc
Block Island Health Services: Strong Financials, High Program Spending
EIN: 222570482 · Block Island, RI · NTEE: E30Z · Updated: 2026-04-04
Is Block Island Health Services Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Block Island Health Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Block Island Health Services Inc
Block Island Health Services Inc (EIN: 222570482) is a nonprofit organization based in Block Island, RI, classified under NTEE code E30Z. The organization reported total revenue of $6.7M and total assets of $15.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Block Island Health Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Block Island Health Services Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Block Island Health Services Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, preventing a specific assessment of individual salaries or benefits.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Block Island Health Services Inc:
- Consistently positive net assets growth over the past several years, indicating financial stability.
- Strong revenue growth from $1.2M in 2016 to $6.6M in 2023, demonstrating increasing operational scale.
- Low liability-to-asset ratio, suggesting a healthy balance sheet and minimal financial risk.
- Consistent operational surplus in most years, indicating effective financial management.
Frequently Asked Questions about Block Island Health Services Inc
Is Block Island Health Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Block Island Health Services Inc (EIN: 222570482) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Block Island Health Services Inc spend its money?
Block Island Health Services Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Block Island Health Services Inc tax-deductible?
Block Island Health Services Inc is registered as a tax-exempt nonprofit (EIN: 222570482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Block Island Health Services Inc do?
Block Island Health Services Inc is a nonprofit organization in the Health Care sector, located in Block Island, Rhode Island. It is classified under NTEE code E30Z.
How much revenue does Block Island Health Services Inc have?
Block Island Health Services Inc reported total revenue of $6,656,174. Based on 14 IRS 990 filings on record.
What are Block Island Health Services Inc's total assets?
Block Island Health Services Inc holds total assets of $14,997,587 as reported in IRS 990 filings.
Where is Block Island Health Services Inc located?
Block Island Health Services Inc is based in Block Island, Rhode Island.
What is Block Island Health Services Inc's EIN?
Block Island Health Services Inc's Employer Identification Number (EIN) is 222570482. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Block Island Health Services Inc?
Block Island Health Services Inc is classified under NTEE code E30Z (Health Care).
Is Block Island Health Services Inc a registered 501(c)(3)?
Yes, Block Island Health Services Inc is recognized as a tax-exempt organization by the IRS. EIN: 222570482.
Does Block Island Health Services Inc file IRS Form 990?
Yes, Block Island Health Services Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Block Island Health Services Inc's revenue in 2023?
In the 202312 filing period, Block Island Health Services Inc reported total revenue of $2,726,856, total expenses of $1,828,656, and net assets of $10,875,237.
Is Block Island Health Services Inc's revenue growing or declining?
Block Island Health Services Inc's revenue is growing. Revenue went from $1,841,671 (202212) to $2,726,856 (202312), a +48.1% change. Based on 14 filings on record.
What is Block Island Health Services Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Block Island Health Services Inc covers tax period 202312. It shows revenue of $2,726,856, expenses of $1,828,656, total assets of $10,875,237, and liabilities of $1,177,744.
How much does Block Island Health Services Inc spend on programs vs administration?
Based on IRS 990 analysis, Block Island Health Services Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Block Island Health Services Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Block Island Health Services Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Block Island Health Services Inc's strengths?
Positive indicators for Block Island Health Services Inc include: Consistently positive net assets growth over the past several years, indicating financial stability.. Strong revenue growth from $1.2M in 2016 to $6.6M in 2023, demonstrating increasing operational scale.. Low liability-to-asset ratio, suggesting a healthy balance sheet and minimal financial risk.. Consistent operational surplus in most years, indicating effective financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Block Island Health Services Inc compensate executives?
Executive compensation details are not provided in the given data, preventing a specific assessment of individual salaries or benefits. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Block Island Health Services Inc managed to achieve such significant asset growth, from $2.5M in 2016 to nearly $15M in 2023?
The substantial asset growth appears to be driven by consistent operational surpluses and potentially strategic investments or capital campaigns, as evidenced by the increase in total assets from $2,590,125 in 2016 to $14,997,587 in 2023, alongside a healthy revenue stream.
What factors contributed to the significant revenue fluctuation, such as the jump from $1.8M in 2022 to $6.6M in 2023, and the dip from $5.5M in 2021 to $1.8M in 2022?
The revenue fluctuations, particularly the increase from $1,841,671 in 2022 to $6,656,174 in 2023 and the decrease from $5,595,094 in 2021 to $1,841,671 in 2022, suggest potential reliance on specific grants, large one-time donations, or significant changes in service volume or reimbursement models that are not detailed in the provided financial summary.
Filing History
IRS 990 filing history for Block Island Health Services Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Block Island Health Services Inc's revenue has grown by 299.3%, moving from $683K to $2.7M. Total assets increased by 563.8% over the same period, from $1.6M to $10.9M. Total functional expenses rose by 165.4%, from $689K to $1.8M. In its most recent filing year (2023), Block Island Health Services Inc reported a surplus of $898K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $10.9M in assets (debt-to-asset ratio: 10.8%), resulting in net assets of $9.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $1.8M | $10.9M | $1.2M | — | View 990 |
| 2022 | $1.8M | $1.7M | $8.9M | $285K | — | View 990 |
| 2021 | $5.6M | $1.7M | $9.4M | $320K | — | View 990 |
| 2020 | $1.6M | $1.6M | $5.7M | $385K | — | View 990 |
| 2019 | $4.3M | $1.6M | $5.5M | $294K | — | View 990 |
| 2018 | $1.3M | $1.4M | $2.7M | $112K | — | View 990 |
| 2017 | $1.3M | $1.2M | $3.0M | $97K | — | — |
| 2016 | $1.2M | $1.0M | $2.6M | $79K | — | View 990 |
| 2015 | $1.1M | $853K | $2.3M | $63K | — | View 990 |
| 2014 | $761K | $741K | $2.2M | $60K | — | View 990 |
| 2013 | $750K | $722K | $2.2M | $80K | — | View 990 |
| 2012 | $1.1M | $743K | $2.0M | $62K | — | View 990 |
| 2011 | $672K | $707K | $1.6M | $135K | — | View 990 |
| 2010 | $683K | $689K | $1.6M | $115K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $1.8M, and assets of $10.9M (revenue +48.1% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $8.9M (revenue -67.1% year-over-year).
- 2021: Revenue of $5.6M, expenses of $1.7M, and assets of $9.4M (revenue +258.9% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.6M, and assets of $5.7M (revenue -63.3% year-over-year).
- 2019: Revenue of $4.3M, expenses of $1.6M, and assets of $5.5M (revenue +224.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.4M, and assets of $2.7M (revenue +0.4% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $3.0M (revenue +8.2% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.0M, and assets of $2.6M (revenue +4.8% year-over-year).
- 2015: Revenue of $1.1M, expenses of $853K, and assets of $2.3M (revenue +51.1% year-over-year).
- 2014: Revenue of $761K, expenses of $741K, and assets of $2.2M (revenue +1.6% year-over-year).
- 2013: Revenue of $750K, expenses of $722K, and assets of $2.2M (revenue -34.0% year-over-year).
- 2012: Revenue of $1.1M, expenses of $743K, and assets of $2.0M (revenue +68.9% year-over-year).
- 2011: Revenue of $672K, expenses of $707K, and assets of $1.6M (revenue -1.6% year-over-year).
- 2010: Revenue of $683K, expenses of $689K, and assets of $1.6M.
Data Sources and Methodology
This transparency report for Block Island Health Services Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.